What is this? Elliot Waves? From most of the TA that I used in the past, Elliot Waves was the least reliable one. It looked good when trading in hindsight however you have no idea which wave you are currently in the present. You might react too early or too late and the trade won't work out.
I think BTC will trade sideways for most of Sept and in Oct/Nov I see it making a big move. It will either be up or down, I don't see it trading at near $50K for long. $50K is still a great price and if it doesn't move soon, alot of the people who bought in the $20-$30K area will take their 100% profits and sell and move on to something else.
No.,.. this is obviously NOT Eliiot Waves.... If you don't even know what Elliot Waves look like, I wonder how useful your opinion on Elliot Wave could be. |
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Yes. I was exactly thinking about this these few days.
TA looks bearish but onchain analysis looks bullish.
Wonder which one will play out.
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Thanks for sharing, the price intervals are too small.
1. Many exchanges might not have seen the number you've posted
2. By the time signal is generated, when user can react to signal, the market could have moved completely away already.
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Any updated views from you on BTC / ETH?
Are we in crypto winter or is this is start of a second run to ATH soon?
Thanks.
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I personally do not want to expose bitcoin to the risk of being a collateral damage in some sort of war against central banks.
Don't underestimate the power of governments
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Nope, I think bitcoin price is stabilizing at around 6000 dollars. In my opinion it will be between 5500-7000 dollars and stay there for years. I hope it can pump hard though.
You think. He thinks. Everyone thinks. You wish, he wishes, everyone wishes. Sorry market doesn't care about anyone. |
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Depends on which country you are based, sure is that in a while just in Venezuela they will be able to mine with no loss if we go ahead like this
Venezuelans think bitcoin is in a bull market.  Actually, for Venezuelans, bitcoin really is still in bull market. Their currency has declined faster than bitcoin if last 6 months of "bearish" trend of bitcoin are considered. See this:  *looks pretty bullish, this is BTC to VEF*lol yeh, as if it matters |
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buy now buy now!!!!
All in!
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keep dreaming or... look at the graph upside down. |
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bitcoin is going to start regulate in India again. after RBi banned earlier. https://www.techllog.com/news/rbi-will-regulate-bitcoin-and-cryptocurrency/After this news , Indian investors will invest money in bitcoin and other currency and it will affect market price . as i know Indian price are always +20% then normal rates. and i do not believe that bitcoin will drop back to 1000$ until many good companies leave ether and bitcoin. if this happens then this will be world crises issue of payment. the price of bitcoin 20k$ rised due to south Korea exchange after the ban its price reduced like hell, Did you think if ban lifted up and then price will up again wait for that moment and enjoy that ride moment... Yes, I agree with your opinion. Bitcoin never back to $1000 else it will be world crisis issue. Also I know that Bitcoin will be legal in Russia soon and price will be +100%.What you think about bitcoin in Russia? lol. moon!!!!!!!!!!!!! |
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confirmed how?
confirmed in your dream?
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Excellent stuff.
1. unfortunately I do not think more than 80% of people here would undersatnd what you're talking about. They just know "moon", "lambo" and "FUD". what you are presenting here is probably too complicated for them
2. you assume this is the accumulation phase, logically speaking (not looking at any chart), I would guess this price level $6.5K is still in the distribution phase. reason is, $6K is still way above level where most of the "whales" have accumulated their coins (below $2K) it still makes a lot of sense for them to take profit at this stage.
That's why I personally have a very bearish view and that is - btc will fall to around $1.5K-$3.5K where actual accumulation would begin.
3. I'd love to give you merits but I can't.
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It will not drop below $5000 because below this price is a disaster. Small investors will leave the market and not many people join in the future.
lol as if the market cares about you! |
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backtest overfitting example.
just need one time where price extends beyond your unicorn rainbow your portfolio will be spilling rainbow blood
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Sold all of my BTC now.  This is the end. A message like this from a "legendary" confirms this really is the bottom. EDIT: seems like you're a "hero" but how in the world you've more than a thousand merit and still just a Hero? bwaaaa than give the "legendary status to me "  maybe not the best writer of posts but such a legendary BULL on bitcoin and hodling those damn coins and where's the actually diffrence of VIN not have a legendary status ?? HODL or NO we will see ....may not be the right choice..if BTC and crypto does not get adoption in mass..then we lose and bankers and etc win on the other hand all my HODL has come from KNC Jupiter Miner from 2013 at a cost of $5,131.80 w/shipping....yep all of it...enough for a 100 BTC Hoard and also enough alts even at 3k a BTC and etc to get me by for my 3 years of retirement to 66 years of full retirement ..when I plan to start taking my regular retirement soc sec and traditional investments so no way am I hurting in any way as to the HODL or not....yeah, might not work out...as to the rest above...not a big deal...this was always a speculative endeavor outside of the regular stuff I needed for retirement so not too shabby in that all came from that KNC Jupiter Miner (not my job) to achieve this since 2013 on doubling down on hardware and other tricks but yeah, chump or champ....either HODL is gonna work for the next say 3 years...or it is gonna be like Warren Buffet says...all was 'rat poison" but i think all things considered...even if it goes back to 1k and blows up to be worth zip...it was a hell of a lot of fun...allowed me to retire 3 years early and you can't beat the $5,131.80 investment  everyone holding btc wants to retire early, who is paying? lol |
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 We may have underestimated the size of the cage needed, but we are not afraid. TB continued! |
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朋友们，难道还有谁不清醒，这几个月的大跌只是夏秋交替的几场雷雨。
真正的寒冬才刚刚开始。
这个阶段不要再盲目抄底
镰刀才刚刚开始挥动，做韭菜也要做条聪明的韭菜
祝大家好运
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